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ighlights a Chorus of Support for Farallon s Arguments and Proposal Among Third Parties
Farallon Capital Management, L.L.C. ( Farallon ) today issued a statement urging shareholders of Toshiba Corporation ( Toshiba or the Company ) (6502.T) to vote
FOR Farallon s capital allocation proposal at the extraordinary general meeting of shareholders ( EGM ), which is scheduled to be held on March 18, 2021:
As the second-largest shareholder of Toshiba, Farallon is asking all Toshiba shareholders to support our EGM proposal calling upon the Company to honor its capital allocation commitments under the Toshiba Next Plan ( TNP ), or to explain to and seek approval from shareholders for capital policy changes. We urge all shareholders to check with their clearing brokers and determine their specific deadline to ensure that their votes count.
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Farallon Capital Management, L.L.C.: Glass Lewis Recommends Toshiba Shareholders Vote FOR Farallon Proposal
Glass Lewis Notes Subpar Returns Will Not Improve Until Toshiba Rebuilds Credibility
Farallon Urges Fellow Toshiba Shareholders to Vote for Its EGM Proposal
Farallon Capital Management, L.L.C. ( Farallon ) today announced that Glass, Lewis Co., LLC ( Glass Lewis ), a leading proxy advisory firm, has recommended that Toshiba Corporation ( Toshiba or the Company ) (6502.T) vote
FOR Farallon s capital allocation proposal at the extraordinary general meeting of shareholders ( EGM ), which is scheduled to be held on March 18, 2021.
Farallon stated: Glass Lewis s report definitively supports our view that Toshiba modified its capital policy in November 2020 and shareholders should insist on accountability at Toshiba. In the absence of credibility and trust, Toshiba s stock price will continue to flounder. Glass Lewis joins Institutional Shareholder Services Inc. ( ISS ) in
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